Spintop Ventures, leads the investment round for Aiba AS, a cutting-edge cybersecurity startup offering AI moderation platform to safeguard children and young adults on the internet.
This partnership aims to address a pressing global issue: The alarming increase in cyber grooming and toxic behaviors directed towards children and young adults in the digital world. With Aiba’s advanced solutions which identifies these behaviors in real-time and reduces potential severe abuses, gaming companies and social media companies can expect a robust defense mechanism to ensure the safety and well-being of their younger user base.
– Aiba addresses a major problem in today’s digital society and their AI-driven moderation platform will protect vulnerable users in real-time against cyber grooming and other toxic on-line behaviour and we are proud to support Aiba in their important mission, notes Erik Wenngren, Partner and co-founder of Spintop Ventures.
Co-lead Futurum Ventures, family office Skattum Vekst, Antler and a number of high profile tech entrepreneurs joined in the funding round giving the company a substantial runway to continue to develop its AI assisted platform and build international sales.
Digital safety for users has been identified and addressed by legislators across the world through the recently introduced Online Safety Bill in the UK and the EU Digital Services Act and Aiba’s offering will make compliance easier for gaming and social media companies.
– We offer more than just technology; we pledge to create a safer online realm for children and youth globally. Partnering with top-tier allies like Spintop amplifies our likelihood of achieving this mission, says Hege Tokerud, CEO of Aiba.
Emerging from the prestigious Norwegian University of Science and Technology (NTNU), Aiba AS is poised to make a significant impact in the world of digital safety. Aiba works closely with the Norwegian Police and global gaming companies like MovieStarPlanet developing the platform and are developing cooperation with other gaming companies to improve their user online safety.
Read more about Aiba here.